Ocado, the online grocery and technology group, has recently taken steps to extend the maturity of its existing debt. The company aims to raise £600 million through new bond issues to finance a tender offer for its existing bonds that are due in 2025 and 2026. Ocado has launched an offering of £250 million Read more: Ocado moves to extend the maturity of its existing debt, aims to raise £600 million..
Ocado, in partnership with Alcampo, has officially launched its first Customer Fulfillment Centre (CFC) in Spain. The CFC, located in San Fernando de Henares, Madrid, is now operational and fulfilling customer orders. This marks a significant step in their collaboration, bringing Ocado’s innovative technology and Alcampo’s retail expertise together to enhance the online grocery shopping Read more: Ocado, in partnership with Alcampo launched first CFC in Spain..
Ocado, a British online supermarket and technology group, has announced its plans to build a third robotic warehouse in Japan as part of its ongoing partnership with Aeon, a major Japanese retail company. This expansion marks a significant milestone in their collaboration, which began in 2019 with the goal of revolutionizing online grocery shopping in Read more: Ocado and Aeon to build 3rd CFC robotic warehouse in Japan..